Reddit $RDDT

Communication Services · NYSE/NASDAQ

$159.36
+10.76 (+7.24%)
As of Oct 15, 2026, 10:24 PM EDT
Price history
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Reddit (RDDT) is trading up at $159.36 (+7.24%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Communication Services sector.

IPO: March 21, 2024 · $34.00 offering · NYSE · View IPO details →

Reddit revenue & net income history (FY2022–FY2025)

RevenueNet incomeNet margin (right axis, %)
$2.20B$859.1M−$484.3MFY2022 revenue: $666.7MFY2022 net income: −$158.6M · Net margin −23.8%'22FY2023 revenue: $804.0MFY2023 net income: −$90.8M · Net margin −11.3%'23FY2024 revenue: $1.30BFY2024 net income: −$484.3M · Net margin −37.2%'24FY2025 revenue: $2.20BFY2025 net income: $529.7M · Net margin 24.1%'25−13.2%0%20%40%60%FY2022 net margin: −23.8% (off the scale, which stops at −13.2%)FY2023 net margin: −11.3%FY2024 net margin: −37.2% (off the scale, which stops at −13.2%)FY2025 net margin: 24.1%
Reddit annual financial statements
FY2022Dec 2022FY2023Dec 2023FY2024Dec 2024FY2025Dec 2025
Income statement
Revenue$666.7M$804.0M$1.30B$2.20B
Growth (year over year)—+20.6%+61.7%+69.4%
Gross profit$561.9M$693.0M$1.18B$2.01B
Gross margin84.3%86.2%90.5%91.2%
Operating income−$172.2M−$140.2M−$560.6M$442.0M
Operating margin−25.8%−17.4%−43.1%20.1%
Net income−$158.6M−$90.8M−$484.3M$529.7M
Net margin−23.8%−11.3%−37.2%24.1%
EPS (diluted)−$2.77−$1.54−$3.33$2.62
Balance sheet
Cash and equivalents$435.8M$401.2M$562.1M$953.6M
Total assets—$1.60B$2.34B$3.24B
Total liabilities—$155.9M$205.8M$310.1M
Shareholders' equity−$379.1M−$412.9M$2.13B$2.93B
Cash flow
Operating cash flow−$94.0M−$75.1M$222.1M$690.9M
Capital expenditure$6.23M$9.72M$6.25M$6.71M
Free cash flow−$100.3M−$84.8M$215.8M$684.2M

From Reddit's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →

About Reddit

Reddit is a proprietary American social news website, news aggregator, forum and social media platform. Registered users submit content to the site such as links, text posts, images, and videos, which are then voted up or down by other members. Posts are organized by subject into user-created boards called "subreddits". Submissions with more upvotes appear towards the top of their subreddit and, if they receive enough upvotes, ultimately on the site's front page. Reddit administrators moderate the communities. Moderation is also conducted by subreddit-specific moderators, who are unpaid volunteers. It is operated by Reddit, Inc., based in San Francisco.

Source: Wikipedia — Reddit

Headquarters
San Francisco, California From SEC filings, Oct 2026

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